442 Pharmacy Avenue, Toronto E04

Price: $1,399,000

7 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13222686

Pride of Ownership! Welcome to 442 Pharmacy Avenue - a must see - Custom-built duplex masterpiece (2021) designed for modern living and exceptional versatility. This stunning detached home offers 4 spacious bedrooms and 4 bathrooms above grade, paired with a **LEGAL** 3-bedroom basement apartment w/1-Kitchen & 1 bathroom featuring Two private entrances - ideal for extended family or rental income potential. Step inside to a bright, luxurious open-concept main floor with soaring 10.5 ft ceilings, extra-wide stairways w/sensor stair lights, and elegant oversized Porcelain Tiles on main floor. The chef-inspired kitchen is the true heart of the home, showcasing a large quartz island, matching quartz countertops and backsplash, and seamless flow into the living and family & dining areas complete with a custom built-in bookshelf and sleek electric fireplace. Thoughtfully designed with luxury, comfort and efficiency in mind, this home features radiant heated floors on the main level and in the primary ensuite, skylights flood the second floor with natural light, and multiple outdoor spaces including Two main floor balconies and a private walkout balcony from the primary bedroom. Additional highlights include double door entry, beautiful custom Chandelier, pot lights throughout interior and exterior, central vacuum, tankless water heater, 200 amp service, EV wired garage setup, Hot/Cold water in garage, BBQ gas line, & parking for 4 vehicles (1 garage + 3 driveway). A rare opportunity to own a newer, income-generating home with premium finishes in a highly desirable & accessible & diverse Toronto community. Close to TTC transit, DVP Highway, Shopping and easy access to Downtown ! Note: Some Pictures may contain Virtual Staging.

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New Listing
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$1,399,000 - 442 Pharmacy Avenue, Kennedy Park

Detached for Sale in Kennedy Park

New — Listed 5 days ago
7Beds
5Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13222686
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
7
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Lot Size
2,573 sqft
Listing Brokerage
RE/MAX EXCELLENCE REAL ESTATE
Description

Pride of Ownership! Welcome to 442 Pharmacy Avenue - a must see - Custom-built duplex masterpiece (2021) designed for modern living and exceptional versatility. This stunning detached home offers 4 spacious bedrooms and 4 bathrooms above grade, paired with a **LEGAL** 3-bedroom basement apartment w/1-Kitchen & 1 bathroom featuring Two private entrances - ideal for extended family or rental income potential. Step inside to a bright, luxurious open-concept main floor with soaring 10.5 ft ceilings, extra-wide stairways w/sensor stair lights, and elegant oversized Porcelain Tiles on main floor. The chef-inspired kitchen is the true heart of the home, showcasing a large quartz island, matching quartz countertops and backsplash, and seamless flow into the living and family & dining areas complete with a custom built-in bookshelf and sleek electric fireplace. Thoughtfully designed with luxury, comfort and efficiency in mind, this home features radiant heated floors on the main level and in the primary ensuite, skylights flood the second floor with natural light, and multiple outdoor spaces including Two main floor balconies and a private walkout balcony from the primary bedroom. Additional highlights include double door entry, beautiful custom Chandelier, pot lights throughout interior and exterior, central vacuum, tankless water heater, 200 amp service, EV wired garage setup, Hot/Cold water in garage, BBQ gas line, & parking for 4 vehicles (1 garage + 3 driveway). A rare opportunity to own a newer, income-generating home with premium finishes in a highly desirable & accessible & diverse Toronto community. Close to TTC transit, DVP Highway, Shopping and easy access to Downtown ! Note: Some Pictures may contain Virtual Staging.

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Estimated Payment

$6,188.25/mo

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5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Dorset Park / Kennedy Park

Discover Dorset Park / Kennedy Park

Dorset Park / Kennedy Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Dorset Park / Kennedy Park

  • Convenient location in Dorset Park / Kennedy Park
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Dorset Park / Kennedy Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

442 Pharmacy Avenue, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,500/mo
Range: $3,825 - $5,175
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,500
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$3,218

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Kennedy Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Kennedy Park are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kennedy Park.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Kennedy Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    442 Pharmacy Avenue, Dorset P… — $1,399,000 | Battaglia Team